A-HTrust suspends trading; books closure on Dec 18
Vivienne Tay
Singapore
TRADING of Ascendas Hospitality Trust's (A-HTrust) stapled securities was suspended on Tuesday at 9am, according to a filing by the trust's manager before market opened.
The manager had said in a filing on Dec 5 that books closure will be on Wednesday, 5pm. This is to determine the entitlements of A-HTrust stapled securityholders regarding the trust scheme of arrangement for the proposed combination of A-HTrust and Ascott Residence Trust.
TRENDING NOW
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
EU and Asean at 50: time for bold action
Tiger Beer lines up new products as Singapore operations’ role shifts from brewing to innovation
Asean must retain more value as its digital economy races towards US$2 trillion: Indonesian minister